Educational Program Insights: Alaska State Board Legislative Fly-In Recap
Explore key discussions from the AASB Legislative Fly-In event featuring Norm Wooten and Dr. Lisa Skiles Parady. Topics include educator recruitment, retention, revenue streams, and the Alaska PFD formula. Gain insights into addressing educator turnover and enhancing funding for education through innovative approaches.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
AASB Legislative Fly-In Norm Wooten, AASB Executive Director & Dr. Lisa Skiles Parady, ASA Executive Director 1
Today we will discuss Norm Introduction Lisa Teacher Recruitment & Retention Norm - Size of the PFD statutory formula or some other process? Lisa - New Revenue streams Norm - Lawsuit Alaska Legislature vs. Governor Dunleavy (separation of powers Education brought into the fray over forward funding) Lisa - Alaska is realizing more revenue from PF than oil Norm - Governor recall effort Lisa - Diminishing oil revenue (lower price of oil + diminished through-put) 2
Educator Recruitment and Retention Retaining effective educators and leaders is essential to closing achievement gaps and increasing student performance in all subjects across all grade levels. ACSA strongly encourages the development of comprehensive statewide programs to prepare, attract and retain high quality educators and professionals. ACSA further recommends strengthening statewide and national recruiting efforts along with a renewed commitment to growing our own educators, teachers, principals, and superintendents. 4
Educator Turnover Source: Educator Retention and Turnover under the Midnight Sun: Examining Trends and Relationships in Teacher, Principal, and Superintendent Movement in Alaska, REL Northwest, 2019 5
Educator Turnover Source: Educator Retention and Turnover under the Midnight Sun: Examining Trends and Relationships in Teacher, Principal, and Superintendent Movement in Alaska, REL Northwest, 2019 6
Size of the PFD Statutory formula or some other process? 7
New Revenue Streams Education Raffle Sales Taxes Education Head Tax Motor Fuel Tax 8
New Revenue Streams Education Raffle Bishop sponsored Alaska's first PFD Education Raffle, approved last year People enter by spending $100 of their PFD on the raffle Raised $870K Half goes to public education Another 25% goes into education endowment fund Remaining 25% is prize money 9
New Revenue Streams Sales Tax From The Midnight Sun, 2/5/20 Perhaps we could talk about sales taxes. Dunleavy administration seeks money for tax team To be quite candid, we are actually hoping at the Department of Revenue that folks here in the Legislature would like to take up the subject of new or incremental changes to existing taxes, said Department of Revenue Deputy Commissioner Mike Barnhill. In specific, perhaps we could talk about sales taxes. 10
New Revenue Streams Head Tax Bishop introduces bill to re-establish education head tax The bill (SB50) would establish a $30 education head tax to help raise money for school construction and maintenance, estimated to bring in $13 million a year. From 1919 to 1980, Alaska had an annual employment head tax for the purpose of collecting revenues to fund schools. When it was repealed in 1980, the tax was $10 per person which has the equivalent value of $30 today. 11
New Revenue Streams Fuel Tax Alaska Legislator Proposes Doubling State's Motor Fuels - :Tax 2/5/20 Under SB115, the highway motor fuels tax would double from 8 cents to 16 cents per gallon. The marine fuels tax would also double from 5 to 10 cents per gallon. Taxes on aviation gasoline, jet fuel and home heating fuel would remain unchanged. The increase would raise about $35 million for the state and update a tax rate that has not changed since 1970. Alaska's 8-cent gas tax is the lowest in the nation. 12
Lawsuit Alaska Legislature vs. Governor Dunleavy Separation of powers Education brought into the fray over forward funding) 13
Alaska is realizing more revenue from the Permanent Fund than from oil! Current estimate is for the Permanent Fund to deliver $2.7B to the state treasury this fiscal year The oil industry will pay $2.1B in taxes and royalties This isn t a short-term shift Department of Revenue projections indicate the Permanent Fund s investments will out-earn all other taxes and royalties each year through 2028, the end of the forecast period 14
Diminishing oil revenue volume and price Pat Pitney: Oil revenue estimate this fall is $158M below last spring's forecast" Fall forecast is $63.54 per barrel for this fiscal year, down from $66 last spring For the fiscal year that starts July 1 the forecast is $59.00 per barrel Oil production is also lower than projected earlier in the year Spring forecast was for 529,500 barrels per day, fall forecast is 492,100 barrels And in a sobering note, the coronavirus is lowering world economic output, and the yesterday was $56.50 15
Unrestricted General Fund Revenue/ Budget History ($ millions) $11,000 Permanent Fund POMV DOR Fall 2019 Revenue Forecast $10,000 CBR to Retirement $9,000 Net Fund Transfers $8,000 Capital Budget Statewide Operating $7,000 Agency Operations $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 -$1,000 -$2,000 -$3,000 Dividends are excluded from the graph -$4,000 -$5,000 -$6,000 -$7,000 16 January 2020 3
Thank You! 17
